Featured Logistics and CargoShipping industry stakeholders unite to cut cargo fires at seaIFM CorrespondentFebruary 24, 2023 by IFM CorrespondentFebruary 24, 2023 Caro shipping takes care of around 90% of global trade through different vessels including container and Ro-Ro ships... Read more
Featured Ports and ShippingSaudi Arabia gets another trade link from Jubail PortPrajwal WeleJanuary 12, 2023 by Prajwal WeleJanuary 12, 2023 The new service will be operated by the Mediterranean Shipping Co. and it will connect Jubail Port with 11 other global ports... Read more
Featured Shipping and PortsShipping cost soars, courtesy — vessel shortagePrajwal WeleOctober 5, 2022October 4, 2022 by Prajwal WeleOctober 5, 2022October 4, 2022 Xeneta chief analyst Peter Sand stated that shipping this year has been remarkable as a result of the war in Ukraine... Read more
Featured InsuranceHike in insurance costs for ships entering Black SeaIFM CorrespondentApril 11, 2022 by IFM CorrespondentApril 11, 2022 Insurance companies are charging as much as a 10% premium on the value of the price of ships.... Read more
Featured Ports and ShippingNew shipping route connecting China and South Korea now functionalIFM CorrespondentOctober 28, 2021 by IFM CorrespondentOctober 28, 2021 The new route will connect Wuhan with the Port city of Busan... Read more
Featured Ports and ShippingHoegh Autoliners announces new service connecting Sweden to OceaniaPritam BordoloiMarch 16, 2021 by Pritam BordoloiMarch 16, 2021 Shipments from Gothenburg will include cars, heavy vehicles, construction equipment... Read more
Featured Shipping and PortsDP World to acquire 51% in Ukraine’s TIS Container TerminalInternational FinanceFebruary 15, 2020March 18, 2020 by International FinanceFebruary 15, 2020March 18, 2020 The acquisition is in line with DP World’s plan to develop robust logistics for transporting cargo from one point to another... Read more
Logistics and CargoJapan logistics giant Sagawa to acquire China’s RunbowInternational Finance DeskDecember 23, 2019 by International Finance DeskDecember 23, 2019 The acquisition comes in an effort to explore China’s growing demand for shipping business... Read more
Ports and ShippingTema Port becomes Hapag-Lloyd’s transhipment hub in West AfricaInternational Finance DeskOctober 16, 2019 by International Finance DeskOctober 16, 2019 It marks the launch of Middle East-India-Africa Express, a new shipment service to Africa... Read more
Ports and ShippingEgypt in talks with World Bank to establish cargo shipping lineInternational Finance DeskAugust 27, 2019December 23, 2019 by International Finance DeskAugust 27, 2019December 23, 2019 The Egyptian National Railway is studying establishing a shipping line between Alexandria and the Sixth of October dry port... Read more